Professional Documents
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A variety of newsletters and portfolios containing Suttmeier's detailed research, stock picks,
and commentary can be found HERE.
August 16, 2010 – Treasury yields lower gold higher as support looms for the Dow.
The yield on the 10-Year US Treasury touched 2.639 overnight with this week’s risky level at
2.598. Gold is above my semiannual pivot at $1218.7 with todays risky level tested at $1225.0.
Crude oil is below my annual pivot at $77.05. The euro peaked at 1.3334 on August 6th followed
by the Dow at 10,720 on August 9th. The Dow is above its 50-day simple moving average at
10,266 with this week’s value level at 10,055 and my annual pivot at 10,379. Homes lost to
foreclosure surged in July, as appraised values continue to tumble.
10-Year Note – (2.691) My annual pivot is 2.813 with daily and weekly risky levels at 2.668 and 2.598.
My annual value level is 2.999 with quarterly and semiannual risky levels at 2.495 and 2.249.
Comex Gold – ($1217.0) Weekly, quarterly, monthly and annual value levels are $1159.3, $1140.9,
$1133.2 and $1115.2 with a semiannual pivot at $1218.7 and daily and semiannual risky levels at
$1225.0 and $1260.8.
Courtesy of Thomson / Reuters
Nymex Crude Oil – ($75.46) No nearby value levels with daily, weekly and annual pivots at $75.83,
$76.86 and $77.05. My monthly and semiannual risky levels are $80.02 and $83.94. My quarterly value
level is $56.63.
The Euro – (1.2753) Quarterly and monthly value levels are 1.2167, 1.1486 and 1.1424 with a daily
pivot at 1.2814, and weekly and semiannual risky levels at 1.3223 and 1.4733.
Courtesy of Thomson / Reuters
Daily Dow: (10,303) My weekly value level is 10,055 with annual and daily pivots at 10,379 and
10,399, and monthly, semiannual and annual risky levels at 10,439, 10,558 and 11,235. My quarterly
value level is 7,812. My annual risky level at 11,235 was tested at the April 26th high of 11,258.01.
Courtesy of Thomson / Reuters